UL Solutions (ULS) Non-Current Debt (2023 - 2026)
UL Solutions' (ULS) quarterly Non-Current Debt came in at $357.0 million in Q1 2026, down 45.33% year-on-year from $653.0 million in Q1 2025, and down 27.29% quarter-over-quarter from $491.0 million in Q4 2025.
UL Solutions (ULS) Non-Current Debt (2023 - 2026) Analysis & Trends
UL Solutions has disclosed Non-Current Debt across 4 years of filings, most recently posting $357.0 million for Q1 2026.
- Non-Current Debt for Q1 2026 came in at $357.0 million, down 45.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $357.0 million (down 45.33% YoY), and the FY2025 annual result was $491.0 million, down 29.05% from the prior year.
- Non-Current Debt came in at $357.0 million for Q1 2026 at UL Solutions, down from $491.0 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $904.0 million in Q4 2023 to a low of $357.0 million in Q1 2026.
- The 4-year median for Non-Current Debt is $672.5 million (2024), against an average of $666.1 million.
- Across the five-year window, Non-Current Debt fell 22.55% in 2025 and slumped 45.33% in 2026, its largest moves.
- UL Solutions' Non-Current Debt stood at $904.0 million in 2023, then fell by 23.45% to $692.0 million in 2024, then retreated by 29.05% to $491.0 million in 2025, then declined by 27.29% to $357.0 million in 2026.
- The last three Non-Current Debt figures came in at $357.0 million (Q1 2026), $491.0 million (Q4 2025), and $544.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 2.43 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 2.27 Bn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 357.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 20.98 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 6.06 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 3.89 Bn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | - |
| 10 | Unifirst | 4.79 Bn | 4.63 Bn | 218.82 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 357.00 Mn |
| Mar 31, 2026 | 357.00 Mn |
| Dec 31, 2025 | 491.00 Mn |
| Dec 31, 2025 | 491.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Jun 30, 2025 | 608.00 Mn |
| Jun 30, 2025 | 608.00 Mn |
| Mar 31, 2025 | 653.00 Mn |
| Mar 31, 2025 | 653.00 Mn |
| Dec 31, 2024 | 692.00 Mn |
| Dec 31, 2024 | 692.00 Mn |
| Sep 30, 2024 | 760.00 Mn |
| Sep 30, 2024 | 760.00 Mn |
| Jun 30, 2024 | 785.00 Mn |
| Jun 30, 2024 | 785.00 Mn |
| Mar 31, 2024 | 867.00 Mn |
| Mar 31, 2024 | 867.00 Mn |
| Dec 31, 2023 | 904.00 Mn |
| Dec 31, 2023 | 904.00 Mn |